£526,417
This estimated value is based upon the latest sale price for the house of £525,000 on 21 Jul 2022. This value is then adjusted by the current Official House Price Index for BATH AND NORTH EAST SOMERSET 1
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| Price Paid | Date |
|---|---|
| £525,000 | 21 Jul 2022 |
| £395,000 | 24 May 2013 |
| £370,000 | 1 Oct 2010 |
| £335,000 | 9 Dec 2005 |
| £210,000 | 18 Sep 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 893 sq feet |
This model uses changes in the Official Land Registry House Price Index for BATH AND NORTH EAST SOMERSET to estimate the market value.
When this house was purchased in July 2022 the House Price Index for BATH AND NORTH EAST SOMERSET was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £525,000 results in an estimated price of approximately £526,417.
| 21 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £525,000 | £1,417 | £526,417 |
The Postcode Pricing Model uses changes in average sales price within the BA1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -37.119 % | £-194,873 | £330,126 |
| 3 Month Average | -19.862 % | £-104,278 | £420,721 |
| 6 Month Average | -11.073 % | £-58,131 | £466,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £1,271,984 | £1,260,000 | ONSLOW HOUSE WESTON ROAD |
| 11 Aug 2022 | £957,423 | £960,000 | STAPLEFORD PARK GARDENS |
| 21 Jul 2022 | £526,417 | £525,000 | FLAT 4 18 PARK LANE |
| 22 Jun 2022 | £2,180,819 | £2,150,000 | GREENBANK PARK GARDENS |
| 27 Aug 2021 | £314,604 | £282,000 | FLAT 4 VICTORIA HOUSE WESTON ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 12 Apr 2010. Using an estimated price of £526,417 means this house is valued at £6,342 per sq meter (£589 per sq foot).
The average size of a house on PARK LANE is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Park Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Gardens |
| Apr 2024 | Vehicle crime | Under investigation | On or near Park Gardens |
| Feb 2024 | Vehicle crime | Under investigation | On or near Weston Road |
| Feb 2024 | Burglary | Under investigation | On or near Linden Gardens |